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Polymarket paid creators to post deceptive betting videos, WSJ investigation reveals

by Kim Stewart
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Polymarket paid creators to post deceptive betting videos, WSJ investigation reveals

Polymarket Faces Scrutiny After Paid Creators Posted Deceptive Betting Videos

Polymarket paid creators to post staged videos showing fake wins on the prediction market, prompting a company audit and questions about undisclosed promotions.

Summary of the investigation

A recent investigative report found that Polymarket enlisted online creators to publish promotional videos that presented simulated trades and winnings as real outcomes. The investigation reviewed more than a thousand pieces of video content and related instructional materials provided to creators, raising concerns about the authenticity of the promotional campaign. Many videos were shot on convincing, near-replica versions of the Polymarket interface and highlighted lucrative-looking bets that did not reflect actual account activity. The scale and coordination of the effort have led to renewed scrutiny of how the platform and its marketing partners portray market activity to potential users.

How the content was produced and amplified

Materials reviewed by investigators included templates and scripts that guided creators on how to showcase Polymarket “wins” in a visually persuasive way. Creators were reportedly shown how to stage trades and display inflated returns on screens that resembled the live site, while the actual transactions were not placed or were simulated. After videos were posted, a coordinated amplification effort run by a marketing contractor distributed the clips across social platforms, significantly boosting their reach. The combination of staged visuals and broad promotion contributed to impressions that the returns shown were typical or easily attainable on Polymarket.

Disclosure practices and creator instructions

According to the report, creators were advised not to explicitly state that they were paid by Polymarket when posting promotional material. That guidance raised concerns about compliance with disclosure norms that require clear labeling of sponsored content. After media inquiries began, some creators added partner tags such as “@polymarket partner” to their profiles, indicating they had been compensated. The late additions underscored gaps in transparency during the campaign and prompted questions about whether viewers were sufficiently informed that the videos represented paid promotions rather than independent demonstrations of the platform.

Voices from creators and ethical questions

Several creators who participated in the campaign described the work as highly produced and lucrative, but acknowledged discomfort about presenting simulated results to audiences. One college student creator who worked with Polymarket until March likened the videos to polished commercials that make products appear more appealing than everyday experience. Industry observers say the approach raises ethical questions about influencer marketing in financial and prediction markets, where simulated success can distort user expectations and potentially encourage risky behavior. Consumer advocates warn that unclear sponsorship disclosure combined with staged performance could mislead novice traders about the risks and realistic outcomes of using such platforms.

Polymarket response and planned review

Polymarket issued a statement saying the company is committed to maintaining accurate, fair and transparent markets and has pledged to audit its promotional content. The platform indicated it will review the materials and workflows used in the campaign and evaluate how creator partnerships were managed. Polymarket did not immediately disclose the scope or timeline of the audit, but said it aims to address any shortcomings identified and to ensure future promotions meet transparency standards. Industry regulators and platform partners will likely watch the company’s next steps closely as the audit progresses.

Implications for regulation and market trust

The controversy highlights broader challenges around influencer marketing in digital finance and prediction markets, where the line between entertainment and financial advice can blur. Regulators have increasingly signaled interest in clearer disclosure rules and enforcement around paid promotions that affect consumer financial decisions. Experts say platforms that host markets or financial services must balance growth-focused marketing with safeguards that protect consumers from deceptive or misleading content. Restoring trust will depend on credible remediation, including transparent disclosures, independent audits, and changes to how promotional creatives are approved and distributed.

The unfolding situation places Polymarket at the center of a debate over marketing ethics and platform responsibility, and the outcome of its promised audit may set expectations for other companies that use creator-driven campaigns to reach retail audiences.

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